Theresa May Tag

What a difference a couple of decades make.
At the turn of the century, Tony Blair remarked that “the state of Africa is a scar on the conscience of the world”.
This week, on her first official visit to the continent, Theresa May embraced a new vision

Prime Minister Theresa May defended her decision to rule out so-called ‘passporting’ rights for banks after Brexit, saying Britain could not become a “rule taker” when it came to financial services.
Setting out her thinking in more detail, May said the financial services sector was too

Britain’s financial sector will be “the servant of industry not the masters of us all” if the opposition Labour Party gets into power, its leader Jeremy Corbyn will say on Tuesday, accusing bankers of taking the economy hostage.
Corbyn, a socialist who has won over many

The UK is ready to set out its vision for how it wants financial services to operate after Brexit and favours an ambitious “mutual recognition” of regulations to preserve the City of London’s access to the EU.
Under Britain’s proposal, the UK and the EU would

Philip Hammond will today begin a Brexit charm offensive across Europe amid concerns that France is deliberately stalling negotiations in a bid to take business from the City.
The Chancellor appears to have been sidelined from a series of major Brexit interventions by Cabinet ministers over

Frankfurt and Paris are set to see a trickle rather than a wave of London bankers arrive in 2018, with the prospect of a softer Brexit discouraging them from leaving Britain immediately, executives and lobbyists say.
Both cities had been positioned to benefit as Britain prepares

Brexit Britain will be “the place” to set up a new high-tech business, Theresa May said in a Davos speech focusing on the role of technology in global growth, notably for artificial intelligence.
Avoiding any detailed discussion of the U.K.’s departure from the EU in her

The likelihood of the Government failing to reach a Brexit deal is plummeting, which should reduce the risk facing the economy and inject more confidence into businesses and investors, according to analysts at leading global banks JP Morgan and UBS.
UBS Wealth Management said “the progress made on Brexit

Harry Wilson has written a piece for The Times on Brexit:
If Donald Trump wants a trade war then he could hardly ask for a better ignition switch than Brexit. At present things are shaping up to get rough between the UK and the European Union over

Prime Minister Theresa May will meet executives from major finance companies on Thursday to give them a clearer idea of what Britain’s European Union exit will mean for them.
There are concerns that Brexit threatens London’s status as the financial capital of Europe and that banks